Stock Movers

Stock Movers features five-minute conversations on today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

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West Pharma Jumps, Chipotle Sinks, Southwest Falls Thursday, July 24, 2025

On this edition of Stock Movers: - West Pharmaceutical Services (WST) shares advanced as much as 28%, a record one-day climb, after the maker of packaging components for the drug industry boosted its adjusted profit and net sales outlook for the full year. - Chipotle Mexican Grill (CMG) shares plunged after cutting its annual outlook for the second time this year, suggesting that honey chicken and burrito giveaways haven’t been enough to offset a traffic slump that the company attributed to economic anxiety. Sales at established restaurants are now expected to be about flat for the full year, the company said Wednesday. It previously forecast the metric would expand by a low-single digit. The shares tumbled as much as 14% in New York, their biggest intraday drop since March 2020. The stock was down 12% this year through Wednesday’s close, among the worst performers in US restaurants. Chipotle had already cut its annual guidance earlier this year after economic uncertainty, among other factors, dinged results.- Southwest Airlines (LUV) shares fell after the carrier said it expects economic turmoil to wipe out as much as $1 billion of its annual pre-tax profit this year and offered shareholders a much-reduced outlook for the balance of 2025. Earnings before interest and taxes for the year will be $600 million to $800 million, Southwest said in a statement on Wednesday that also included second-quarter results that fell short of analyst expectations. The carrier originally expected $1.7 billion in pre-tax profit at the start of the year. Southwest is one of a few companies so far to put a price on the fallout from President Donald Trump’s efforts to reset global trade, inflation and economic uncertainty that caused travel demand to collapse early this year. Most carriers pulled financial guidance in April, saying it was impossible to forecast demand.See omnystudio.com/listener for privacy information.

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Closing Bell: Intel Earnings, Alphabet Rises, Tesla Slides Thursday, July 24, 2025

On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec. - Alphabet's (GOOG) earnings beat Wednesday was the latest milestone in what’s been an explosive run since early 2023, during which the company has added more than $1 trillion in market value and returned about 120% to investors. It’s also made its CEO, Sundar Pichai, a billionaire. With Alphabet’s shares approaching an all-time high, Pichai, 53, is now worth $1.1 billion, according to the Bloomberg Billionaires Index. That’s a rare feat for a non-founding chief executive officer, especially in a tech industry where many top executives — including Meta Platforms Inc.’s Mark Zuckerberg and Nvidia Corp.’s Jensen Huang — owe their fortunes to founding equity stakes in their companies. Shares closed higher today. - Tesla (TSLA) shares fell as 9.5%, the most intraday since June 5, after Elon Musk warned of a hard year ahead for the electric-vehicle maker. Analysts note that the company’s near-term outlook looks rough. Tesla will be a transition period for the next year or more, losing electric vehicle incentives in the US and needing time to roll out autonomous vehicles, the chief executive officer said. “Yeah, we probably could have a few rough quarters,” Musk said. “But once you get to autonomy at scale in the second half of next year, certainly by the end of next year, I would be surprised if Tesla’s economics are not very compelling.”- Intel (INTC) gave a stronger-than-anticipated revenue forecast for the current period, offering investors a glimmer of hope as they wait for a turnaround under new Chief Executive Officer Lip-Bu Tan. Third-quarter sales will be $12.6 billion to $13.6 billion, the company said in a statement Thursday. Analysts on average had projected a number at the low end of that range. Intel is benefiting from a resurgence in the personal-computer industry, driven in part by manufacturers’ efforts to build up inventory before tariffs hit. But the Silicon Valley pioneer still faces a variety of challenges. It has lost market share to rivals and is struggling to attract customers to its foundry business, which makes chips for outside clients. It also lacks products that can satisfy the massive demand for AI systems. Shares of Intel rose after the bell.See omnystudio.com/listener for privacy information.

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Tesla Braces for ‘Rough’ Quarters, UnitedHealth Falls, Chipotle Tumbles Thursday, July 24, 2025

On this edition of Stock Movers:- Tesla (TSLA) shares are tumbling after the company reported a second straight quarter of declining auto sales. CEO Elon Musk warned of difficult times ahead for Tesla Inc. following one of the carmaker’s worst stretches since it first started producing electric sedans over a dozen years ago. Tesla will be in a transition period for the next year or more, losing electric vehicle incentives in the US and needing time to roll out autonomous vehicles, the chief executive officer said. "We probably could have a few rough quarters,” Musk said. “But once you get to autonomy at scale in the second half of next year, certainly by the end of next year, I would be surprised if Tesla’s economics are not very compelling.” Tesla shares fell as Musk spoke after the close of US trading. The move carried over into Thursday, with the stock dropping as much as 9.5% shortly after the open.- UnitedHealth Group Inc. (UNH) shares fell after the insurance giant is responding to criminal and civil requests from the US Department of Justice about its Medicare practices, the company said, confirming reports of probes that have added to mounting challenges for the largest US health insurer. The company is cooperating with the department and has “full confidence” in its practices, UnitedHealth said in a filing Thursday. The company contacted the Justice Department after reports of the investigations surfaced in the media, and received the requests after reaching out, the company said. “The company has a long record of responsible conduct and effective compliance,” UnitedHealth said in the filing. Shares fell 3.3% at the start of regular trading in New York on Thursday.- Chipotle Mexican Grill Inc. (CMG) shares plunged after the restaurant chain is cutting its annual outlook for the second time this year, suggesting that honey chicken and burrito giveaways haven’t been enough to offset a traffic slump that the company attributed to economic anxiety. Sales at established restaurants are now expected to be about flat for the full year, the company said Wednesday. It previously forecast the metric would expand by a low-single digit. The shares tumbled as much as 14% in New York, their biggest intraday drop since March 2020. The stock was down 12% this year through Wednesday’s close, among the worst performers in US restaurants.See omnystudio.com/listener for privacy information.

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Alphabet Rises, Las Vegas Sands Climbs, UnitedHealth Falls on DOJ Medicare Probe News Thursday, July 24, 2025

On this episode of Stock Movers:- Alphabet (GOOGL) shares rise after the company said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending — heightening pressure on the company to justify the cost of keeping up in the AI race.- Las Vegas Sands (LVS) shares climb after the casino and resorts operator reported adjusted earnings per share for the second quarter that beat the average analyst estimate. Analysts attribute the beat to a solid performance in Singapore offsetting weakness in Macau. - UnitedHealth (UNH) shares fall. UnitedHealth is responding to criminal and civil requests from the US Department of Justice about its Medicare practices, the company said, and has "full confidence" in its practices.See omnystudio.com/listener for privacy information.

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American Eagle Gains, Tesla Falls, Chipotle Sinks on Sales Forecast Thursday, July 24, 2025

On this episode of Stock Movers:- American Eagle (AEO) shares gain after the apparel retailer announced a campaign headlined by actress Sydney Sweeney. The campaign was announced during the trading day on Wednesday; shares closed up 6.2%- Tesla (TSLA) shares fall after Elon Musk warned of difficult times ahead for Tesla Inc. following one of the carmaker’s worst stretches since it first started producing electric sedans over a dozen years ago.- Chipotle (CMG) shares sink. The restaurant chain cut its full-year outlook for the second time this year. Analysts note that a weaker comparable store sales in the quarter pressured its full-year sales outlook.See omnystudio.com/listener for privacy information.

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American Airlines Dips; Chipotle and IBM Lower Thursday, July 24, 2025

On this episode of Stock Movers:- American Airlines (AAL) is lower after it reinstated annual earnings guidance in a lower range than expected, with results for 2025 ranging from an adjusted loss of 20 cents a share to a profit of as much as 80 cents. The carrier's outlook for the rest of the year diverged from new forecasts from United Airlines Holdings Inc. and Delta Air Lines Inc. as businesses and consumers resume travel.- Chipotle (CMG) is down after it cut its annual outlook for the second time this year, citing a traffic slump attributed to economic anxiety. The company said sales at established restaurants are now expected to be about flat for the full year, after previously forecasting a low-single digit expansion. CEO Scott Boatwright said lower-income consumers are under pressure and looking for value, disregarding Chipotle's key selling points such as quality, fresh, and abundance.- American Eagle (AEO) shares jump 16% in premarket trading on Thursday, putting the stock on track to extend gains, after the apparel retailer announced a campaign headlined by actress Sydney Sweeney. The stock move accelerated during after-hours trading and continued to rally Thursday morning, soaring as much as 25% premarket before paring some of those gains.- IBM (IBM) is lower this morning after it reported weaker-than-expected sales in its software segment, with second-quarter software unit sales increasing 10% to $7.39 billion. The company's management has heralded software and services as the path to rejuvenation, with software now more than 40% of the company's annual revenue, and bookings for the AI business have exceeded $7.5 billion since mid-2023.See omnystudio.com/listener for privacy information.

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Earnings and Mag 7; IBM Lower; Deutsche Bank Higher Thursday, July 24, 2025

On this episode of Stock Movers:- Alphabet (GOOG) is trending higher after yesterday's earnings beat. Alphabet said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending. CEO Sundar Pichai explained that the investments are necessary in order to keep up with customer needs, saying "Our AI infrastructure investments are crucial to meeting the growth in demand from cloud customers". Chipmakers Nvidia (NVDA) and Broadcom (AVGO) are rising on this news.- Tesla (TSLA) is lower in premarket trading after seeing a decline yesterday from its earnings miss. CEO Elon Musk did warn of difficult times ahead for Tesla after one of the automaker’s worst quarters in over a decade. Musk said Tesla will be in a transition period for the next year or more, losing electric vehicle incentives in the US and needing time to roll out autonomous vehicles.- IBM (IBM) is lower this morning after it reported weaker-than-expected sales in its software segment, with second-quarter software unit sales increasing 10% to $7.39 billion. The company's management has heralded software and services as the path to rejuvenation, with software now more than 40% of the company's annual revenue, and bookings for the AI business have exceeded $7.5 billion since mid-2023.- T-Mobile (TMUS) is higher this morning as it reported more new subscribers than analysts were expecting in the second quarter, with 830,000 new monthly phone customers. T-Mobile's CEO Mike Sievert said the company's satellite-based texting and data service will help attract and retain customers in the long term, and the company raised its full-year guidance due to its joint venture with KKR & Co.See omnystudio.com/listener for privacy information.

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Reckitt Soars, STMicro Falls, BNP Paribas Up Thursday, July 24, 2025

On this episode of Stock Movers:- Reckitt's shares surged to the highest in almost 17 months after the consumer goods company said its biggest brands will grow more than forecast, a sign its plan to revive the business is working.- STMicro's shares plunged the most in a year after the chipmaker posted a surprise loss due to restructuring charges.- BNP Paribas reported better-than-expected profit as the French lender got a boost from its fixed-income traders while equities slumped in the volatility triggered by the US tariff announcements.See omnystudio.com/listener for privacy information.

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Meme Stock Euphoria, Thermo Fisher Jumps, Chipotle Cuts Outlook Wednesday, July 23, 2025

On this edition of Stock Movers:- Meme stock mania is spreading to a growing number of speculative stocks, underscoring the appetite among retail traders for riskier bets even with the market at all-time highs. Chatter across social media platforms first fixed on Opendoor Technologies Inc. (OPEN) but has since expanded to other heavily discounted names like Kohl’s Corp. (KSS), GoPro Inc. (GPRO) and Krispy Kreme Inc. (DNUT), sending them all flying to eye-popping rallies. While the number of stocks being drawn into the frenzy is growing, the rallies have been volatile and often short lived, raising questions about whether the companies will be able to take advantage of their elevated share prices to raise fresh capital, the way that AMC Entertainment Holdings Inc. (AMC) and GameStop Corp. (GME) did during the original meme stock craze of 2021. Krispy Kreme, for example, rose as much as 39% when the market opened Wednesday, but closed just 4.6% higher.- Thermo Fisher (TMO) shares jumped after the company raised its full year outlook as it no longer expects tariffs to bite as much as when it issued the forecast. "The US-China tariff situation has improved significantly versus our prior guidance assumptions,” Chief Financial Officer Stephen Williamson said during a call with analysts. “We reflected the Q2 benefit of that in our revised guidance. "Sales will be $43.6 billion to $44.2 billion this year, up $120 million from its previous view, Williamson said during a conference call. Analysts had expected $43.7 billion. The company also raised its profit view by 23 cents at the mid-point of its new target range.- Chipotle Mexican Grill (CMG) shares tumbled after the restaurant chain cut its annual outlook for the second time this year, suggesting that honey chicken and burrito giveaways haven’t been enough to offset a traffic slump. Chipotle now expects sales at established restaurants to be about flat for the full year, the company said Wednesday. It previously forecast the metric would expand by a low-single digit. Chipotle had already cut its annual guidance earlier this year after economic uncertainty, among other factors, dinged results. The Mexican-inspired chain has deployed everything from a limited-time launch of honey chicken to an adobo ranch sauce and free food to reel customers in. But transactions still slumped, driving a comparable sales decline of 4% in the quarter, which was a steeper decline than analysts were expecting.See omnystudio.com/listener for privacy information.

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Closing Bell: Alphabet & IBM Results, Meme Stock Swings Wednesday, July 23, 2025

On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Vonnie Quinn, Carol Massar and Tim Stenovec.- Alphabet (GOOG) reported better-than-expected revenue but said 2025 capital expenditures will be higher than previously forecast, intensifying pressure on the company to justify the investments it is making to keep up in the AI race. Shares slipped about 2.8% in late trading after the search giant said capital expenditures would be $85 billion, compared to the $75 billion the company guided earlier this year. Second-quarter sales, excluding partner payouts, were $81.7 billion, the Google parent said Wednesday in a statement. Analysts had projected $79.6 billion on average, according to data compiled by Bloomberg. - Opendoor (OPEN) had a down day as the newest meme stocks see wild swings. Stocks are at all-time highs. Chatter on WallStreetBets is surging. Retail traders are flooding into low-priced shares. It’s not 2021, and the shares of the moment aren’t GameStop Corp., AMC Entertainment Holdings Inc. or the now-bankrupt Bed Bath & Beyond. In 2025’s meme stock mania, the companies du jour are Opendoor Technologies Inc. and Kohl’s Corp. The similarities are clear: Like the episode four years ago, which famously led Gabe Plotkin to shutter his hedge fund Melvin Capital Management, amateur traders are piling into heavily shorted companies with low share prices in a bid to strike quick riches. And, as was the case back then, it comes at a time of broad market euphoria: the S&P 500 is at an all-time high, Bitcoin has doubled in less than year and blank-check companies are all the rage again.- IBM (IBM) reported weaker-than-expected sales in its closely watched software segment, disappointing investors who have grown increasingly optimistic about the business.Second-quarter software unit sales increased 10% to $7.39 billion, slightly below analysts’ average estimate of $7.49 billion. The company’s consulting business, which has been experiencing a growth slump, generated a revenue bump of 3% to $5.31 billion.Investors have grown enthusiastic about IBM’s software business and the potential for future growth from artificial intelligence tools and quantum computing. The company’s management has heralded software and services as the path to rejuvenation since the 1990s. However, only recently under Chief Executive Officer Arvind Krishna has the approach really begun to materialize.See omnystudio.com/listener for privacy information.

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NIQ Slumps, Baker Hughes Beats, Otis Worldwide Falls Wednesday, July 23, 2025

On this edition of Stock Movers:- NIQ Global Intelligence (NIQ) shares slumped 3.6% after the company raised $1.05 billion in an initial public offering. Shares of the consumer intelligence data firm opened at $20.25 each on Wednesday as of 12:43 p.m. in New York, versus an IPO price of $21 apiece. The offering of 50 million shares was marketed in a range of $20 to $24 each. The trading gives the former consumer intelligence unit of Nielsen Holdings a market value of nearly $6 billion based on the outstanding shares listed in its filings.- Baker Hughes (BKR) shares stock surged after the company reported second quarter earnings that beat consensus estimates. - Otis Worldwide (OTIS) shares are down today as the elevator manufacturer cut its forecast for full-year sales and free cash flow after second quarter sales missed expectations. “We did not expect the company to reduce operational guidance by this much,” JPMorgan analyst Steve Tusa writes. Second-quarter sales disappointed, hurt by a decrease in new equipment sales in China and the Americas. New equipment sales in the quarter fell 10% from the year-ago period, hurt by China and the Americas; new equipment sales were down more than 20% in China.See omnystudio.com/listener for privacy information.

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GoPro Soars, Morgan Stanley Up, Texas Instruments Falls After Earnings Forecast Wednesday, July 23, 2025

On this episode of Stock Movers:- GoPro (GPRO) shares surge along with Krispy Kreme and Beyond Meat. Wall Street has been captivated in recent days by the resurgence in a handful of stocks popular on the WallStreetBets page of Reddit, known for sparking past bouts of meme-stock mania. Daniela Hathorn, senior market analyst at Capital.com, says the surges have been driven by a mix of social media buzz, short squeezes, and technical breakouts, despite little to no change in the companies’ underlying business fundamentals.- Morgan Stanley (MS) shares are little changed after news of being probed by the Financial Industry Regulatory Authority over its vetting of clients for the risk of money laundering. That's according to Wall Street Journal reporting.- Texas Instruments (TXN) shares plunge after the company issued a third-quarter forecast that was more guarded than some investors had anticipated. The main concern is whether tariffs and trade disputes will hurt a sales resurgence, with executives acknowledging they don't know how much of the 16% revenue jump came from tariff-related "pull in."See omnystudio.com/listener for privacy information.

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Hasbro Jumps, Texas Instruments Plunges, Enphase Energy Falls on Market Forecast Wednesday, July 23, 2025

On this episode of Stock Movers:- Hasbro (HAS) shares jump after the toy company reported better-than-expected results for its second quarter, and boosted its full-year forecasts. This comes after after a record quarter for its Magic: The Gathering card game.- Texas Instruments (TXN) shares plunge after the company issued a third-quarter forecast that was more guarded than some investors had anticipated. The main concern is whether tariffs and trade disputes will hurt a sales resurgence, with executives acknowledging they don't know how much of the 16% revenue jump came from tariff-related "pull in."- Enphase Energy (ENPH) shares fall after the company said it sees the nation’s residential market shrinking 20% next year as tax credits for homeowners end under President Donald Trump’s economic legislation. Analysts at BloombergNEF expect residential solar installations to increase about 13% this year, but see the market shrinking by 35% in 2026.See omnystudio.com/listener for privacy information.

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Toyota Higher on Japan Deal; TXN Plunges; Meme Stock Mania Wednesday, July 23, 2025

On this episode of Stock Movers:- Toyota (TM) shares are higher after President Trump agreed to a 15% tariff on automobiles imported from Japan, ending months of uncertainty and fueling a rally in shares of Japanese carmakers. The agreement should provide Japan’s automakers with relief and clarity, as they had been bracing for a 25% tariff on all cars and parts imported to the US, according to the text.- Texas Instruments (TXN) is plunging after the company issued a third-quarter forecast that was more guarded than some investors had anticipated. The main concern is whether tariffs and trade disputes will hurt a sales resurgence, with executives acknowledging they don't know how much of the 16% revenue jump came from tariff-related "pull in."- GoPro (GPRO) 1-800-Flowers.com (FLWS) and Krispy Kreme (DNUT) are all soaring in early trading on meme stock mania. Daniela Hathorn, senior market analyst at Capital.com, says the surges have been driven by a mix of social media buzz, short squeezes, and technical breakouts, despite little to no change in the companies' underlying business fundamentals. Hathorn adds, "Krispy Kreme seems to be the latest addition to the frenzy", with no significant news to justify the rally, just "sheer retail momentum".See omnystudio.com/listener for privacy information.

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AT&T Lower Despite Beat; GE Vernova Higher; Meme Stock Mania Wednesday, July 23, 2025

On this episode of Stock Movers:- AT&T (T) is lower even though it posted an earnings beat this morning. AT&T reported second-quarter results that mostly exceeded Wall Street estimates, including faster-than-expected growth in wireless phone subscribers. The company added mobile-phone customers and picked up new customers for its "Internet Air" fixed-wireless offering, topping market expectations. Its competitor Verizon posted poor subscriber numbers earlier.- GE Vernova (GEV) is higher this morning after it forecast revenue for the full year of high end of $36 billion to $37 billion, saw $36 billion to $37 billion. Positive free cash flow was driven by stronger adjusted EBITDA but decreased y/y due to a nonrecurring arbitration refund received in 2Q24 and lower positive benefit from working capital- Texas Instruments (TXN) is plunging after the company issued a third-quarter forecast that was more guarded than some investors had anticipated. The main concern is whether tariffs and trade disputes will hurt a sales resurgence, with executives acknowledging they don't know how much of the 16% revenue jump came from tariff-related "pull in."- GoPro (GPRO) 1-800-Flowers.com (FLWS) and Krispy Kreme (DNUT) are all soaring in early trading on meme stock mania. Daniela Hathorn, senior market analyst at Capital.com, says the surges have been driven by a mix of social media buzz, short squeezes, and technical breakouts, despite little to no change in the companies' underlying business fundamentals. Hathorn adds, "Krispy Kreme seems to be the latest addition to the frenzy", with no significant news to justify the rally, just "sheer retail momentum".See omnystudio.com/listener for privacy information.

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UniCredit Rises, Dessault Sinks, SAP Falls Wednesday, July 23, 2025

On this episode of Stock Movers: - UniCredit SpA raised its outlook for full-year profit and shareholder distributions, giving a boost to Chief Executive Officer Andrea Orcel after the failed bid for rival Banco BPM SpA. The Milan-based lender on Wednesday lifted its guidance for profit this year to about €10.5 billion ($12.3 billion), from more than €9.3 billion previously, and said it would reach at least €11 billion by 2027. It plans to return at least €9.5 billion to shareholders in 2025. UniCredit shares rose 3.1% at 9:18 a.m. in Milan, bringing gains this year to 56%. - Dassault Aviation shares drop as much as 7%, the most since mid-May, after its first-half sales and profit missed expectations, with the French airplane maker’s private jet unit affected by supply chain issues and the threat of tariffs. Bernstein says that with the stock having recently been near record highs, the market reaction may be “amplified.” - SAP SE shares fell after the German software company flagged tariff insecurities and currency fluctuations as a concern even as cloud revenue posted solid growth.Cloud and software revenue increased 11% to €7.97 billion ($9.4 billion) in the period ended June 30, the Walldorf, Germany-based company said Tuesday in a statement. That missed analysts’ average estimate of €7.99 billion, according to data compiled by Bloomberg. SAP shares fell 3.7% to €249.80 at 9:19 a.m. in Frankfurt on Wednesday.See omnystudio.com/listener for privacy information.

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D.R. Horton Surges, Philip Morris Slumps, Northrop Grumman Earnings Tuesday, July 22, 2025

On this edition of Stock Movers:- D.R. Horton (DHI) shares rose the most in more than five years as the homebuilder posted earnings that beat expectations even as the US housing market remains sluggish. Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020. The builder’s stock had slipped more than 6% this year through Monday’s close. The company’s profit, orders and home closings beat analyst estimates, sending the stock higher.- Philip Morris (PM) shares fell after shipments of its Zyn nicotine pouches accelerated by less than analysts had expected. Zyn shipments reached 191.3 million cans in the Americas in the second quarter, below expectations. Net revenue also missed estimates, while the company also lowered its outlook for total product shipments, dragged down by cigarettes. Shares of Philip Morris fell as much as 9.8% in New York, their biggest intraday drop since early in the pandemic in March 2020. They had soared 50% so far this year through Monday’s close.- Northrop Grumman (NOC) shares rose today after the company raised its earnings guidance for the full year after getting a boost from its Sentinel ballistic missile and B-21 bomber programs. The maker of the B-2 bomber, which was used in the recent Iran campaign, now predicts annual profit per share of $25.00 to $25.40. The company also narrowed its full-year revenue forecast to between $42.05 billion and $42.25 billion, according to a statement on Tuesday. Shares of the defense company surged as much as 10% at the open, the most since Oct. 2023Northrop reported adjusted earnings of $8.15 a share for the quarter, while its operating profit was $1.43 billion. That’s better than the $6.80 earnings per share and the $1.18 billion operating profit that analysts had expected.See omnystudio.com/listener for privacy information.

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Closing Bell: Texas Instruments, GM & Lockheed Martin All Drop on Disappointing Results Tuesday, July 22, 2025

On this episode of Stock Movers:Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec.- Texas Instruments (TXI), a key chipmaker for producers of cars and factory equipment, declined in late trading after giving a revenue forecast that fell short of the most bullish estimates. Revenue will be $4.45 billion to $4.8 billion in the third quarter, the company said in a statement Tuesday. Though the average analyst estimate was $4.57 billion, some projections reached $4.8 billion. Profit in the period will be roughly $1.48, the company said, slightly below the average estimate.The outlook raises concern that a resurgence in spending, particularly among automotive and industrial customers, isn’t arriving as quickly as hoped. Many buyers had been holding off on orders while they worked through a stockpile of existing inventory. Texas Instruments also said that its forecast “does not include changes related to recently enacted US tax legislation.” Capital spending, meanwhile, grew more than expected last quarter.- Lockheed Martin (LMT) shares dropped after it caught investors off guard with $1.6 billion in charges and a possible tax hit that sent its stock tumbling, the latest setback for the defense giant whose popular F-35 jet faces criticism over cost overruns and delays. The company’s shares plunged more than 9% on Tuesday - the biggest drop since January - after the world’s largest defense contractor reported earnings that missed analyst estimates and lowered its outlook for the year. At issue, the company said, were program losses that included a classified aeronautics program, and separate helicopter development efforts for the Canadian and Turkish governments. It also flagged $169 million of charges related to losing out on the US Air Force’s F-47 fighter jet contract that went to Boeing Co., and other newly identified risks. Lockheed also cautioned it faces a potential $4.6 billion in additional taxes owed after an accounting change, although it is contesting the matter with the Internal Revenue Service.- GM (GM) shares slid after it said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.The Detroit-based automaker said Tuesday it earned $2.53 per share on an adjusted basis, above the Bloomberg consensus forecast of $2.33 but short of the $3.06 it made a year ago. GM’s profits also suffered from higher warranty costs and a buildup in inventory of electric vehicles, which are set to lose federal subsidies under Trump’s recently passed budget bill. GM’s results showcase the difficulty automakers face to maintain profits in an environment that newly penalizes globally integrated parts supply chains and cross-border vehicle sales. Even though the automaker beat profit expectations, earnings in its all-important US business suffered from import duties on vehicles made in China, Mexico and South Korea.See omnystudio.com/listener for privacy information.

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D.R. Horton Jumps, Lockheed Martin Falls, Kohl’s Skyrockets Tuesday, July 22, 2025

On this edition of Stock Movers:- D.R. Horton (DHI) shares rose the most in more than five years as the homebuilder posted earnings that beat expectations even as the US housing market remains sluggish. Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020. The builder’s stock had slipped more than 6% this year through Monday’s close. The company’s profit, orders and home closings beat analyst estimates, sending the stock higher.- Lockheed Martin (LMT) shares declined today. This comes after the US defense contractor caught investors off guard with $1.6 billion in charges and a possible tax hit that sent its stock tumbling, the latest setback for the defense giant whose popular F-35 jet faces criticism over cost overruns and delays. The company’s shares plunged more than 9% on Tuesday - the biggest drop since January - after the world’s largest defense contractor reported earnings that missed analyst estimates and lowered its outlook for the year. At issue, the company said, were program losses that included a classified aeronautics program, and separate helicopter development efforts for the Canadian and Turkish governments. It also flagged $169 million of charges related to losing out on the US Air Force’s F-47 fighter jet contract that went to Boeing Co., and other newly identified risks. Lockheed also cautioned it faces a potential $4.6 billion in additional taxes owed after an accounting change, although it is contesting the matter with the Internal Revenue Service.- Kohl's (KSS) shares more than doubled Tuesday, minting it as the newest meme stock, amid an influx of mentions by retail traders on social media. The retailer’s stock price soared as much as 105% when the equity market opened, its largest one-day jump ever, bringing it to $21.39, a level last seen nearly a year ago. The shares were briefly halted for volatility after paring their gains and were up about 36% to more than $14 as of 11:13 a.m. in New York. Before Monday, the shares had been trading in the single digits since March 11. “It’s all social media chatter,” said Steve Sosnick of Interactive Brokers. “Remember that a highlight of the meme stock era was a dose of nostalgia for companies like GameStop and AMC. Social media chatter can become self-fulfilling.” A Kohl’s spokesperson didn’t immediately respond to a Bloomberg News request for comment.See omnystudio.com/listener for privacy information.

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Circle Internet Group Drops, Opendoor Technologies Surges, Philip Morris Falls Tuesday, July 22, 2025

On this episode of Stock Movers:Circle Internet Group (CRCL) shares drop after the stablecoin issuer was downgraded to sell from neutral at Compass Point Research & Trading LLC, as it sees more competition for Circle now that the US stablecoin bill has passed.Opendoor Technologies (OPEN) shares surge. It extended its rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms.Philip Morris (PM) shares fell after Zyn nicotine pouches shipments accelerated by less than analysts had expected. Citi analyst Simon Hales said "Underlying Zyn consumer off-take trends remain strong" but the volume miss is likely to weigh on the shares.See omnystudio.com/listener for privacy information.